Consumer Robotics Company KEYi Tech Raises Tens of Millions of Dollars in Series B Round

The ClicBot (Source: Keyi Tech)

36 Kr reported that KEYi Tech, a consumer robotics platform, recently received tens of millions of dollars in round B financing. This round of financing was led by Xiaomi and Shunwei Capital, followed by old shareholders Source Code Capital and BlueRun Ventures, with 100 Summit Partners as the exclusive financial advisor.

Yang Jianbo, Founder & CEO of KEYi Tech, said: “We will cooperate with Xiaomi to develop robot products by combining the advantages of our company in robotics, consumer robot product design, and that of Xiaomi in AI and channel supply chain.” This round of financing will be used for developer ecosystem building and product development.

Founded in 2014, KEYi Technology Co., Ltd. is an innovative robotics company that applies industrial control algorithms to consumer robot – ClicBot and integrates control technology, perception technology and artificial intelligence into art design. Its team consists of robotics engineers, algorithm engineers and designers, with core team members from overseas research institutes and universities.

ClicBot’s gameplay is geared to divergent spaces with high randomness. In March 2021, Forbes announced the top ten educational robots of the year, among which ClicBot was rated as the best programming robot. At present, ClicBot has a total of more than 10,000 users in the world and has recently been listed in China through an online and offline simultaneous direct sale model.

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At the same time, ClicBot carries strong educational significance and can provide three levels of programming experience.

Yang Jianbo told 36 Kr, “Clicbot has different concepts from traditional consumer robots. Different module combinations could produce a brand new robot. Users can put together more than 10,000 different types of robot applications through the reorganization of these intelligent modules, including tools, cute pets and various interactive games.”

KEYi Tech has also created an intelligent ecological community based on different application scenarios for ClicBot, where robot ideas from different countries are shared, discussed and evolved every day.